Making money online: first websites, then apps, now...

[jose]

and now... bots! What say you? :)

http://www.economist.com/news/business-and-finance/21696477-market-apps-maturing-now-one-text-based-services-or-chatbots-looks-poised

Microsoft CEO: 'Bots are the new apps'

[clipper]

This was eye-popping:

Since then over 100 billion apps have been downloaded, generating $40 billion in revenues for developers and billions more in subscriptions and other fees.

Sooooo, the average app makes $0.40. No wonder in-app ad markets are so sluggish.

Need to listen to this again:
http://www.alternativeradio.org/collections/all-programs/products/mccr011

Subscribe to the podcast, it's free.

[sbe18]

70% went to developers and 30% to Apple and Google

And the average app is actually never gets more than 1000 downloads.

Only 0.5% of mobile gamers pay in-app upgrades.

relative to ads....1% of apps make revenue from ad networks.

the app economy is 1/10000 hit business or worse.

[Rubber Duck]

Do Japanese and Chinese use Apps?

[mxfusion]

and now... bots! What say you? :)

http://www.economist.com/news/business-and-finance/21696477-market-apps-maturing-now-one-text-based-services-or-chatbots-looks-poised

Microsoft CEO: 'Bots are the new apps'


The only paid app I paid for is WhatsApp, but even that, it's free now.

Nowadays I seldom even look at apps on my phone. People get tired after sometime and it's really bad on the eyes.

The hype will blow over soon.

[jose]

Game of War’s paying players spent an average of $550 on its in-app purchases in 2015

*average*

http://venturebeat.com/2016/04/01/game-of-wars-paying-players-spent-an-average-of-550-on-its-in-app-purchases-in-2015/

Anyway, I am doing ok with my apps.

[clipper]

Do Japanese and Chinese use Apps?

Yes... Line is a messaging app out of Japan that's one of the biggest in the world. They sell really silly "stickers" (emojis/emoticons) like teddy bears and rainbows you can put in the messages and apparently people buy them.

Another big one in Japan is called Radiko, which seems to be run by the radio cartel in Japan... All the radio stations are on it, but you can only use it inside Japan.

Not sure about China.

[NameYourself]

Chatbots were supposed to be revolutionary many times before and it never happened.. could it be different now.. its always possible.. will it overtake apps, no. It may be a good compliment for existing apps and websites to advertise their services, another channel through which they can reach consumers, but on its own does not appear all that revolutionary.

[sbe18]

sometimes technologies take decades to really be decisive.

Steam engines in England.

Artificial intelligence and machine learning computer science is leveraging really cheap computing cost at Amazon cloud services and at IBM.

Chat bots are likely to improve dramatically in different languages around the world at different increments.

WeChat in China is likely to be leaps ahead of WhatsApp at Facebook for a while.

There the idea of a Chat bot or a Chat App or a Chat API is basically the same.

Getting a flight on United Airlines on the app is easy and simple.
Getting a flight on the UA website takes minutes and an aspirin...

s/

[sunsei21]

Game of War’s paying players spent an average of $550 on its in-app purchases in 2015

*average*

http://venturebeat.com/2016/04/01/game-of-wars-paying-players-spent-an-average-of-550-on-its-in-app-purchases-in-2015/

Anyway, I am doing ok with my apps.


Apps are the way for sure i know a lot of people who spend money on in app purchases etc . i personally use apps over websites a lot more these days. if i had to bet i would bet on apps over domains long term

[Rubber Duck]

Apps are the way for sure i know a lot of people who spend money on in app purchases etc . i personally use apps over websites a lot more these days. if i had to bet i would bet on apps over domains long term

If you want to be told what to think, then yes, that is the way to go. :no:

[sunsei21]

If you want to be told what to think, then yes, that is the way to go. :no:

:) im going more off of my personal habits and how they have changed interacting on the internet . i still think domains will have value and be useful etc just not in the way they were in the past for marketing etc its now possible to generate a income,traffic and branding fairly easily online without ever owning a website.

[jose]

:) im going more off of my personal habits and how they have changed interacting on the internet . i still think domains will have value and be useful etc just not in the way they were in the past for marketing etc its now possible to generate a income,traffic and branding fairly easily online without ever owning a website.

I just don't understand why idn investors are so hard on changes, since they were the ones understanding and embracing changes when idn appeared 20 years ago. Getting old? :lol:

[jose]

F8 Confirmed

Messenger Chatbot APIs – Facebook will launch tools allowing developers to build automated response agents for Messenger, multiple sources confirm. This follows our scoop from February that Facebook had given some developers a Chat SDK for building bots. These bots could replace 1-800 numbers, providing customer service over chat, and use artificial intelligence to deliver ecommerce, news, content, and other experiences.

[sunsei21]

I just don't understand why idn investors are so hard on changes, since they were the ones understanding and embracing changes when idn appeared 20 years ago. Getting old? :lol:

I agree That's the thing the internet changes extremely fast we need to adapt

[jose]

1800-flower bot on Facebook

"I find it pretty ironic, that now to order from 1800-flowers, you's never have to call 1800 flowers again."

minute 13 here: https://developers.facebook.com/videos/f8-2016/keynote/

minute 55 is also a must watch

Dedicated to Rick Schwartz ;)

[jose]

The chatbot gold rush

http://venturebeat.com/2016/04/12/the-chatbot-gold-rush-is-officially-here/

OR

The chatbot hype fiasco?

https://blog.init.ai/the-first-messenger-apps-the-good-the-bot-and-the-ugly-eeeef88afcc2

[domainguru]

I just don't understand why idn investors are so hard on changes, since they were the ones understanding and embracing changes when idn appeared 20 years ago. Getting old? :lol:

Since many people here couldn't even understand the appeal of facebook as it took off, its not really surprising they can't understand why people buy LINE stickers. I personally know dozens of people that buy LINE stickers, and they are all rational human beings.

People on this forum were up to date in 2005-2006, treading water up to 2010, and now just drowning in their backward thinking.

Move on guys. Time waits for no man.

[mxfusion]

Since many people here couldn't even understand the appeal of facebook as it took off, its not really surprising they can't understand why people buy LINE stickers. I personally know dozens of people that buy LINE stickers, and they are all rational human beings.

People on this forum were up to date in 2005-2006, treading water up to 2010, and now just drowning in their backward thinking.

Move on guys. Time waits for no man.


Fashion come and go and come back again. At one time, there's a lot of hype with iPads, now it's tapering off. Some hypes however as more persistent, such as the Hello Kitty in Asia. Frown upon only 20 years ago, Tattoos are now seen as cool.

With fashion, anything is possible. In Japan, sex dolls or rather companions are the in-thing, so I won't be surprised if someone comes up with paid cybersex with chat bots.

Coming back to idn, are now backward? I don't know, all I know if that my park rev covers more than twice my domain renewals.

There's money in the old fashion things. Cloud and apps are very fashionable, but real money is made in infrastructure. But that is not to say that we don't go for changes. Sometimes reinventing old stuff to look like the new trend can be profitable.

One area that I think needs reinventing is the PPC business. There needs to be an equivalent of uber where people can buy ads directly from sites and domain owners.

[mxfusion]

This explains the bot move.

http://digiday.com/publishers/facebooks-traffic-top-publishers-fell-32-percent-since-january/

[Jay]

This explains the bot move.

http://digiday.com/publishers/facebooks-traffic-top-publishers-fell-32-percent-since-january/

I think that is the problem with online marketing that solely relies on 3rd party referral platforms like Facebook and Google to drive traffic - it is not dependable. It is placing a business at the mercy of another business, and that other business could fail or unreasonably change the conditions set for their clients.

The way I see it is that web addresses will always have a basic usefulness as a unique identifier that serves as the online 'home' of businesses and services. That is not to say that 3rd party platforms, including apps and bots, won't be important for advertising or accessing one's business. But they function best when: 1. they direct people to web addresses that exist independently of the referral platform; and 2. complement rather than replace direct marketing.

Otherwise, what happens when the app or bot doesn't work on someone's device? What happens when the bot can't distinguish the name of one service from another, or a phishing site from the real site?